2025 activity year · Official source proof
Rhode Island mortgage market
Reported mortgage application activity from the official CFPB/FFIEC HMDA Data Browser, with purchased loans excluded from the application denominator.
Activity year
2025
Action taken
What happened to applications?
Originated59.5% · 26,004
Approved, not accepted2.2% · 976
Denied18.6% · 8,138
Withdrawn13.3% · 5,825
File closed for incompleteness5.9% · 2,579
Preapproval approved, not accepted0.4% · 180
“Originated” means the reported application resulted in a loan. It is not an approval probability for a future applicant.
Loan purpose
Why people applied
34%Home purchase
- Home purchase33.8%
- Home improvement15.8%
- Other purpose13.4%
- Refinancing20.1%
- Cash-out refinancing16.9%
Next source gate
Denial reasons are not published yet.
That analysis requires the raw modified-LAR pipeline, reason-code reconciliation, and small-cell review. We will not fill the gap with estimates or unsupported conclusions.
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Data provenance
Every published number will carry its source.
This profile identifies the activity year, cohort rules, source endpoint, response hash, and processing date. Source: CFPB/FFIEC HMDA Data Browser API. Last refreshed September 2, 2026.